5-bed · 5,159 sqftSilver Springs, Damac Hills · completed 2016

M078F, Silver Springs

Sold prices and rental history: sold twice, last in December 2023, and rented since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa M078F · DLD and Ejari recordsUpdated 18 December 2023
Last soldAED 8.75M18 December 2023
Current rentAED 410K /yr17 October 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for M078F, Silver Springs

What is M078F worth today?

Last sold for AED 8,750,000 in 2023

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18 Dec 2023SoldReady
AED 8,750,000AED 1,696 per sqft
17 Oct 2022RentedNew contract
AED 410,000/yr12 months · AED 79 per sqft
25 Nov 2021RentedRenewal
AED 215,000/yr12 months · AED 42 per sqft
25 Nov 2017RentedNew contract
AED 215,000/yr12 months · AED 42 per sqft
17 Dec 2014Sold by developerOff-plan
AED 8,512,950AED 1,650 per sqft

Source: Dubai Land Department. Updated 18 December 2023.

Key facts

Type
5-bed villa
Size
5,159 sqft
Developer
DAMAC
Completed
2016
Last sold
AED 8.75M · December 2023

About M078F, Silver Springs

M078F is a five-bedroom villa of 5,159 sqft in Silver Springs, a villa community in Damac Hills completed in 2016 by DAMAC. It last sold on 18 December 2023 for AED 8,750,000, or AED 1,696 per sqft, 22% above the AED 1,395 five-beds in the community were fetching at the time.

It has been rented since 2017 on 3 Ejari contracts. The current contract, signed on 17 October 2022, is AED 410,000 a year: a gross yield of 4.7% on the 2023 price.

Sales and rents for M078F over time

Sales
Villa M078F, each saleTypical five-bed in Silver Springs
5M2013201720212025Typical sale price by year: 2013 AED 3,862,500; 2014 AED 4,174,800; 2015 AED 3,599,031; 2016 AED 8,550,945; 2017 AED 3,850,000; 2018 AED 7,700,000; 2019 AED 2,900,000; 2020 AED 3,000,000; 2022 AED 4,459,241; 2023 AED 5,100,000; 2024 AED 7,700,000; 2025 AED 8,100,000Sold by developer, December 2014: AED 8,512,950 (AED 1,650 per sqft)Sold, December 2023: AED 8,750,000 (AED 1,696 per sqft)

M078F has sold twice; the dashed line is the five-bed median of each year in the community.

Rents
Villa M078F, each contractTypical five-bed in Silver Springs
200K400K2017202020232026Typical rent by year: 2017 AED 185,000; 2018 AED 179,517; 2019 AED 170,000; 2020 AED 160,000; 2021 AED 180,000; 2022 AED 190,000; 2023 AED 230,000; 2024 AED 325,000; 2025 AED 345,000New contract, November 2017: AED 215,000 a yearRenewal, November 2021: AED 215,000 a yearNew contract, October 2022: AED 410,000 a year

Annual rent on each registered contract; the dashed line is the five-bed median of each year in the community.

5-beds in Silver Springs, and where M078F sits

All 88 5-beds →

M078F last sold in December 2023 at AED 1,696 per sqft, 22% above what five-beds in Silver Springs were fetching at the time (AED 1,395).

Recent 5-bed salesVilla no.Price (AED)Summary
11 Aug 20257,150,000
17 Jul 202513,000,000
5 Mar 20258,100,000
16 Dec 20247,000,000
0 5-bed sales in the last 12 months

Silver Springs

Community

172 villas, 3-bed to 6-bed in Damac Hills, completed in 2016 by DAMAC. 3 sold in the last 12 months.

Typical price per sqft
AED 1,670
Typical sale
AED 4.55M
Typical rent
Few contracts
Typical yield
Silver Springs, Damac Hills: prices, sales and rents →

M078F, Silver Springs in numbers

  • Sold twice: first on 17 December 2014 for AED 8,512,950, last on 18 December 2023 for AED 8,750,000 (AED 1,696 per sqft).
  • Rented since November 2017 on 3 Ejari contracts, from AED 215,000 to AED 410,000 a year.
  • At AED 410,000 a year the gross yield on the 2023 price is 4.7%.

Source: Dubai Land Department. Updated 18 December 2023.

Questions about M078F, Silver Springs

What did villa M078F last sell for?

AED 8,750,000 on 18 December 2023: AED 1,696 per sqft for 5,159 sqft. The villa has 2 registered sales; the first was AED 8,512,950 in December 2014.

What is the rent for villa M078F?

AED 410,000 a year on the contract signed on 17 October 2022. The previous contract, from November 2021, was AED 215,000; the villa has been rented since November 2017.

How big is villa M078F?

5,159 sqft (479.3 sqm): a five-bedroom villa in Silver Springs, completed in 2016.

What is villa M078F worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on M078F, Silver Springs

Starts from the last sale price (AED 8.75M, 18 December 2023). Switch to today's estimate once you have unlocked it.
Price
AED 8,750,000
Deposit, UAE resident (20%)
AED 1,750,000
Deposit, non-resident (40%)
AED 3,500,000
Monthly over 25 years at 3.7%
AED 35,799

Plus AED 372,510 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →